TriplePoint Venture Growth BDC Corp (TPVG) saw downtrend of -2.08% in the recent trading with $6.58 being its most recent. The current price level -19.51% lower than the highest price of $8.18 marked by the stock while trading over the past 52-weeks, whereas it is 25.96% higher than the lowest price of $5.22 the company dropped to over past 52-weeks. The latest news story on TPVG appeared in (Business Wire) under the title “TriplePoint Venture Growth BDC Corp. Amends and Extends Revolving Credit Facility Under Favorable Terms”.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Hold by 5 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 3.29 for the stock.
TriplePoint Venture Growth BDC Corp Earnings – What Happened With TPVG
Coming around sales and income figures on TPVG Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. TriplePoint Venture Growth BDC Corp (TPVG) last released financial results for the quarter that ended 12/31/2024, posting a surprise factor of -8.79% for net revenue.
TPVG – TriplePoint Venture Growth BDC Corp Stock Earnings Estimates
The perspective of TriplePoint Venture Growth BDC Corp (NYSE:TPVG)’s current quarter earnings identifies that analysts are in consensus over the estimate of 0.35 for stock’s EPS in the current quarter. TriplePoint Venture Growth BDC Corp (TPVG) last released financial results for the quarter that ended 12/31/2024, posting a surprise factor of -8.79% for net revenue. Company’s EPS for the last quarter was 0.32.
TriplePoint Venture Growth BDC Corp – Insider Activity and Holdings
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 40.40 million. TPVG does have institutional investors; and they hold 10.90% of the stock.
As on 2024-06-30, INVESCO LTD. was the top most holder in TriplePoint Venture Growth BDC Corp (NYSE:TPVG) with an ownership of 1.06 million shares of the company or 2.7362 of the stake worth $8.51 million. The filing also reveals VAN ECK ASSOCIATES CORP as the second largest holder in the company with a control over 2.1863 of the outstanding shares. Its stake is worth $6.8 million for having 0.85 million shares in hand.
TWO SIGMA ADVISERS, LP also came holding a key position in the company during the recent quarter and it now holds 1.7953 of the outstanding shares. With this there are now 82.0 institutions which have possession in TPVG’s shares.
Key Metrics for TPVG
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, TriplePoint Venture Growth BDC Corp has a debt to equity ratio of 1.32.
